CIC Banque Privee confirmed the appointment to this publication.

He was previously managing director at BSI Bank Singapore and head of wealth management services at that firm; prior to that, Sitaraman was executive vice president at RBS Coutts (now Coutts), where he was market head, South East Asia and NRI Asia.

Other roles have included those of managing director, at HSBC Private Bank, where he was head of investment services, Singapore. From 1995 to early 2007, he worked at Citi Private Bank, and prior to that, he worked at Standard Chartered, working in priority banking and investment services.